Between 2015 and 2016 – Kiwis worth more than $50 million jumped from 212 to 252.
That’s a great outcome on one level but bizarrely in 2016 – according to an Oxfam report – more than one third of these extremely rich individuals declared income of less than $70,000 – which is where the top tax rate kicks in.
So before we get into any conversation into inequality and poverty we must embark on a national conversation on what are the values that we hold dear as a collective in our community and our country.
Do we continue to demonise the poor and pretend that every rich person you see is a productive innovative citizen in their own country?
Or are they rorting us by not paying their (fair) share of tax like one third of our super wealthy appears to be doing?
It may be legal but it’s certainly not fair.
Hopefully Sir Michael Cullen’s Tax Group will sort this lot out
What sort of values are they teaching their children and grandchildren?
I guarantee their grandparents will be rolling in their graves watching what has become of the great cooperative society where Michael Joseph Savage promised equal rights for every Kiwi child to receive the same education – the same health care – the same housing and a liveable wage on a 40-hour week for all Kiwis.